BRIEF-Pan Orient Energy To Buyback 4.5 Million Shares

* PAN ORIENT ENERGY CORP.: NORMAL COURSE ISSUER BID

* PAN ORIENT ENERGY CORP - INTENDS TO CONTINUE ABILITY TO PURCHASE ITS COMMON SHARES PURSUANT TO RENEWAL OF ITS NORMAL COURSE ISSUER BID THROUGH TSXV

* PAN ORIENT ENERGY CORP - UNDER TERMS OF BID, PAN ORIENT WILL BE AUTHORIZED TO PURCHASE, FOR CANCELLATION, UP TO 4.5 MILLION OF ITS COMMON SHARES Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)